) experienced severely negative market reactions to the restatement. These findings suggest that the uncertainty following bank …

is also referred to as the system-GMM estimator. We conclude that higher income diversification favors bank profitability …. However, our study does not find a significant relationship between revenue diversification and bank risk, even when …

reserves and lend to each other. Our systemic perspective points to these featuring dimensions of ongoing bank activity. Our … model considers bank activity process within each bank entity and across entities. Each bank keeps currency money in bank … deposits on behalf of other agents. But the bank activity is further characterised by the capacity or privilege to use these …

. Second, higher bank capital requirements may aggravate contagion since they may incentivise banks to hold similar assets, and …

results highlight the importance of the starting level of bank capital, bank asset quality, and banks’ adjustments for the …

meaningful. Despite unprecedented central bank intervention, the stock returns of both U.S. and European banks have remained … significantly related to market and bank-level fundamentals in the years since the financial crisis. Modeling bank returns as a … function of their profitability, growth and solvency explains 44% to 60% of the variation in U.S. and European bank stock …

the main consequences of the global financial crisis, the pro-cyclical contraction of bank credit, and the advanced …

Financial inclusion, for which the keystone is access to a bank account, is crucial to overcome the socioeconomic …